The USDJPY pair succeeded to touch our main waited target at 116.35 and attempts to breach it, to support the expectations of extending the bullish wave on the intraday and short term basis, reminding you that our next station reaches 117.00.
Therefore, we will continue to suggest the bullish trend that gets good support by the EMA50 unless breaking 115.50 and holding below it.
The expected trading range for today is between 115.80 support and 117.00 resistance
The expected trend for today: Bullish